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Decentralized Social
DESO

$6.40
Market Cap
-0.16% $56,901,154
Fully diluted market cap
$69,223,161
Circulating supply
8,884,536 DESO
Total supply
8,884,536 DESO
Max. supply
8,884,536 DESO
Volume 24h
-10.18% $537,800
Volume/Market cap (24h)
+0.95%

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Decentralized Social
DESO

$6.40
1D
7D
1M
3M
1Y
ALL
Market Cap
-0.16% $56,901,154
Fully diluted market cap
$69,223,161
Circulating supply
8,884,536 DESO
Total supply
8,884,536 DESO
Max. supply
8,884,536 DESO
Volume 24h
-10.18% $537,800
Volume/Market cap (24h)
+0.95%

DESO Price Calculator

DESO
USD
1 DESO equals $6.40 United States Dollar
Last updated 2024/09/18 02:00:17 (UTC)

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

DESO Market

DESO Market Stats

24h Low & High
Lowest Price
$6.33
Highest Price
$7.05
All Time High
$475.00
Price Change(1h)
-0.06%
Price Change(24h)
-1.38%
Price Change(7d)
+1.20%

DESO Price Live Data

The live price of Decentralized Social is $6.40 per (DESO/USD) today with 24-hour trading volume is $537.80K USD. DESO to USD price is updated in real-time. Decentralized Social is -1.38% in the last 24 hours.

DESO Price Performance

24DAYS
$-0.31
-4.54%
30DAYS
$0.19
+2.96%
90DAYS
$-12.35
-65.11%
1YEAR
$-1.89
-22.24%

About Decentralized Social (DESO)


DeSo is a new layer-1 blockchain built from the ground up to decentralize social media for billions of users.

We believe in empowering an internet that’s creator-led, user-owned, and open to millions of developers around the world to build off one another.

Today, there’s only a handful of big-tech companies that own and control all the information we consume online.

DeSo puts the ownership back in the hands of users, not platforms. Your identity, your profile, your content, and your social graph can now be owned by you in a completely censorship-resistant way.

Creators can now freely monetize in a way they could never do before.

With new crypto-native monetization tools, like Social Tokens, Social DAOs, Social NFTs, Social Tipping, and more — creators have access to monetize their passion and make a living by doing what they love.

Developers can build in a gasless, permissionless, and transparent environment where everything is open and on-chain for ultimate accessibility and composability.

DeSo is built to support storage-heavy or infinite-state applications, opening up a new world of non-financial-based web3 apps that weren’t possible before.

We can now imagine, build and experience the next generation of web3 social.

In the same way, we’ve seen Bitcoin and Ethereum decentralize finance, DeSo is now enabling this for social.

We know our mission is colossal, but we believe the world will be better when users, creators, and developers are put first - not corporations.

It’s time to break free.

To learn more, make sure to check out the vision behind DeSo.

Check out some of our top apps:

Decentralized Twitter
Decentralized Fundraising
Decentralized Social Networks
Decentralized LinkedIn
Decentralized Medium
Decentralized Instagram
Decentralized TikTok
Decentralized OpenSea


# Who Are the Founders of DeSo?
DeSo was founded by Nader Al-Naji in January 2019. After graduating Princeton University, Al-Naji worked as a software engineer at the D. E. Shaw Group and later at Google on the Google Search and Google Ads teams. Before DeSo, he raised over $133M to start an algorithmic stablecoin Basis in 2017.

The DeSo blockchain is supported by the non-profit DeSo Foundation, whose broad mission is to support the decentralization of social media. Al-Naji is currently the chairman of the board of the DeSo Foundation, with a $200 million treasury behind it to support its mission.

In October 2021, the DeSo Foundation announced a $50 million developer fund, known as the Octane Fund.

# What Makes DeSo Unique?
The DeSo blockchain supports not only traditional social features like creating profiles and posts, but also novel blockchain-native features like social tokens (creator coins), tipping, and NFTs.

These features unlock vast new categories of money-enabled products, from social NFT experiences to influencer stock markets. These features enable creators to more effectively monetize their content and connect with their followers on DeSo-powered apps.

Because DeSo treats social data as a public utility, creators aren't locked-in to a handful of centralized apps. All content on DeSo is stored on a decentralized ledger and is immediately available to a large and growing network of independent third-party apps, akin to DeFi applications on the Ethereum blockchain.

DeSo's biggest advantage lies in the fact that it is not a general-purpose blockchain. Instead, it supports a narrow set of social-oriented features that it implements on bare metal, using custom indexes that every node builds during consensus when it syncs from its peers.

This allows the DeSo blockchain to reach highly-scalable storage capabilities that are unparalleled by any general-purpose blockchain. For instance, the cost of 1 GB of on-chain storage on DeSo is as low as 1 DeSo, whereas even the best existing smart contract infrastructures require millions ($1,000,000+) of dollars to achieve the same. DeSo has also announced switching to a Proof of Stake consensus by the end of year 2022, which is expected to reach a throughput of hundreds of thousands transactions per second, owing to the strictly defined transaction schema.

DESO To Local Currency

Last updated 2024/09/19 00:00:03 (UTC)

How To Buy Decentralized Social

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Decentralized Social and help you discover other cryptocurrencies similar to Decentralized Social.

How to buy?

FAQ

Q
What is the current price of Decentralized Social?
A
We update our Decentralized Social to USD price in real-time. Get the live Price of Decentralized Social on CoinMapAi.
Q
What is the 24 hour trading volume of Decentralized Social?
A
Over the last 24 hours, the trading volume of Decentralized Social is $537.80K.
Q
What is the all time high of Decentralized Social?
A
The all-time high of Decentralized Social is $475.00. This all-time high is highest price paid for Decentralized Social since it was launched.
Q
Where can I buy Decentralized Social?
A
Decentralized Social can be purchased on multiple centralized exchanges. Please check our buying guide: buy Decentralized Social guide.
Cryptocurrency investment activities, including actions done to buy Decentralized Social online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Decentralized Social instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Decentralized Social purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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